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Leases (Tables)
 9 Months Ended
Apr. 27, 2024
Leases [Abstract]  
Operating Lease Balances
The following table presents our operating lease balances (in millions):
Balance Sheet Line ItemApril 27, 2024July 29, 2023
Operating lease right-of-use assetsOther assets$1,008 $971 
Operating lease liabilitiesOther current liabilities$344 $313 
Operating lease liabilitiesOther long-term liabilities861 707 
Total operating lease liabilities$1,205 $1,020 
Lease Expenses and Supplemental Information
The components of our lease expenses were as follows (in millions):
Three Months EndedNine Months Ended
April 27, 2024April 29, 2023April 27, 2024April 29, 2023
Operating lease expense$101 $106 $304 $300 
Short-term lease expense19 16 55 50 
Variable lease expense43 61 149 182 
Total lease expense$163 $183 $508 $532 
Supplemental information related to our operating leases is as follows (in millions):
Nine Months Ended
April 27, 2024April 29, 2023
Cash paid for amounts included in the measurement of lease liabilities — operating cash flows $279 $290 
Right-of-use assets obtained in exchange for operating leases liabilities$307 $278 
Maturities of Operating Leases
The maturities of our operating leases (undiscounted) as of April 27, 2024 are as follows (in millions):
Fiscal YearAmount
2024 (remaining three months)$105 
2025359 
2026259 
2027179 
2028126 
Thereafter315 
Total lease payments1,343 
Less interest(138)
Total$1,205 
Future Minimum Lease Payments on Lease Receivables
Future minimum lease payments on our lease receivables as of April 27, 2024 are summarized as follows (in millions):
Fiscal YearAmount
2024 (remaining three months)$192 
2025360 
2026251 
2027154 
2028126 
Thereafter82 
Total1,165 
Less: Present value of lease payments(1,051)
Unearned income$114 
Operating Lease Assets Amounts relating to equipment on operating lease assets held by us and the associated accumulated depreciation are summarized as follows (in millions):
April 27, 2024July 29, 2023
Operating lease assets$120 $135 
Accumulated depreciation(63)(78)
Operating lease assets, net$57 $57 
Minimum Future Rentals on Noncancelable Operating Leases
Minimum future rentals on noncancelable operating leases as of April 27, 2024 are summarized as follows (in millions):
Fiscal YearAmount
2024 (remaining three months)$8 
202521 
202613 
20272 
Total$44